Lecture Notes in Energy

The Offshore Drilling Industry and Rig Construction in the Gulf of Mexico

Authors: Kaiser, Mark J, Snyder, Brian F

  • Describes the global MODU industry and the economic impacts of rig construction in the U.S with an emphasis on dayrates in the service market and capital expenditures in the newbuild market as basic indicators of the industry
  • Includes an overview of shipyards in the newbuild market to outline the geographic distribution of construction and the status of the market circa 2011
  • Analyzes the construction costs of jackup rigs in the U.S. the labor, equipment, estimated  material cost components and considers factors that influence capital costs to draw a comprehensive image of the industry
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eBook $119.00
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  • ISBN 978-1-4471-5152-4
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Hardcover $159.00
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  • ISBN 978-1-4471-5151-7
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $159.00
price for USA
  • ISBN 978-1-4471-5922-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

Jackups, semisubmersibles and drillships are the marine vessels used to drill offshore wells and are referred to collectively as mobile offshore drilling units (MODUs). MODUs are supplied through newbuild construction and operate throughout the world in highly competitive regional markets. The Offshore Drilling Industry and Rig Construction Market in the Gulf of Mexico examines the global MODU service and construction industry and describes the economic impacts of rig construction in the United States.

 

The industrial organization and major players in the contract drilling and construction markets are described and categorized. Dayrates in the contract drilling market are evaluated and hypotheses regarding dayrate factors are tested. Models of contractor decision-making are developed, including a net-present value model of newbuilding investment and stacking decisions, and market capitalization models are derived. Jackup construction shipyards and processes are reviewed along with estimates of labor, equipment, and material cost in U.S. construction. Derivation of newbuild and replacement cost functions completes the treatise. 

 

The comprehensive and authoritative coverage of The Offshore Drilling Industry and Rig Construction Market in the Gulf of Mexico makes it an ideal reference for engineers, industry professionals, policy analysts, government regulators, academics and other readers wanting to learn more about this important and fascinating industry.

About the authors

Mark J Kaiser is Professor and Director, Research and Development Division, Center for Energy Studies, Louisiana State University, USA. He is also Adjunct Professor in the Department of Petroleum Engineering and in the Department of Environmental Studies, Louisiana State University, Baton Rouge, LA, USA. He has a PhD in Industrial Engineering from Purdue University, West Lafayette, IN, USA.


Brian F Snyder is a Research Associate at the Center for Energy Studies, Louisiana State University, USA. He is a Ph.D. candidate in Ecology at the University of Georgia, Athens GA, USA

Table of contents (15 chapters)

  • Mobile Offshore Drilling Units

    Kaiser, Mark J. (et al.)

    Pages 1-27

  • The Five Offshore Drilling Rig Markets

    Kaiser, Mark J. (et al.)

    Pages 29-50

  • Rig Dayrates and Utilization

    Kaiser, Mark J. (et al.)

    Pages 51-72

  • Players and Market Structure

    Kaiser, Mark J. (et al.)

    Pages 73-91

  • Empirical Analysis of Dayrate Factors

    Kaiser, Mark J. (et al.)

    Pages 93-108

Buy this book

eBook $119.00
price for USA (gross)
  • ISBN 978-1-4471-5152-4
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $159.00
price for USA
  • ISBN 978-1-4471-5151-7
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $159.00
price for USA
  • ISBN 978-1-4471-5922-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
The Offshore Drilling Industry and Rig Construction in the Gulf of Mexico
Authors
Series Title
Lecture Notes in Energy
Series Volume
8
Copyright
2013
Publisher
Springer-Verlag London
Copyright Holder
Springer-Verlag London
eBook ISBN
978-1-4471-5152-4
DOI
10.1007/978-1-4471-5152-4
Hardcover ISBN
978-1-4471-5151-7
Softcover ISBN
978-1-4471-5922-3
Series ISSN
2195-1284
Edition Number
1
Number of Pages
XVIII, 246
Topics